Incorporating your company involves several legal and administrative processes. If you want to turn your business into a limited company, Cube Law helps you navigate the legality of the process.
Every business incorporation lawyer at Cube Law is well-versed in British Columbia laws and regulations applicable to incorporating your business. Whether you run a startup or a large-scale business of any structure, we will assist you in transforming it into a limited company.
Our corporate lawyers in Surrey will help you throughout your business incorporation journey. From choosing a business name and preparing the necessary documents to filing the incorporation form, we will ensure that you follow the legal and administrative processes seamlessly.
If you are still sitting on a fence, here are a few reasons why you should incorporate your business in British Columbia:
Every incorporation lawyer at Cube Law helps their clients draft and review important documents and contracts throughout their business incorporation journeys. For example, our lawyer for shareholder agreement in Surrey will help you prepare the most important document for shareholders. It contains the roles, responsibilities and rights of every shareholder in your company.
Cube Law ensures that you comply with all applicable laws in British Columbia while incorporating your business.
If needed, our lawyers will work with your accountants to structure your new limited company tax-efficiently. We will help you understand tax implications in detail so that you make informed decisions as an entrepreneur.
Our lawyers ensure that all the necessary terms and provisions are mentioned in your contracts and agreements to avoid potential disputes. If a dispute arises during your business’s incorporation, we will legally represent you and offer personalized legal assistance.
Helping you incorporate your business will allow us to know your company better. This makes it easier for us to offer continuous legal support that ensures a steady run of your business.
Knowing the business laws applicable in the province, our business incorporation lawyers in British Columbia offer informed and relevant legal advice. We do our best to help you handle your legal matters so that you focus on your business hassle-free.
If you are wondering how to incorporate a business in Surrey, here is how our lawyers guide you through the process:
Our business incorporation lawyers in Surrey help you choose an official business name and register it with the BC Corporate Registry. They will also help you reserve the business name to maintain exclusivity.
Our lawyers help you define your company’s share structure. This way, you can determine ownership, profit distribution, and voting rights of all shareholders. These decisions ultimately influence who controls your company and how they do it.
Our business incorporation lawyers in Surrey also help you appoint your company’s directors. They will advise you on matters regarding eligibility and directors’ duties. Moreover, our legal professionals will help you prepare and file director consent forms along with other corporate forms.
Along with BC incorporation legal advice, our lawyers prepare your incorporation agreement and Articles. These documents form the backbone of your company.
Your incorporation agreement will display who the shareholders are and how the shares will be distributed. The Articles act as a rulebook governing the internal matters.
Once all the documents are drafted and reviewed, our lawyers will help you file for your company’s incorporation with the BC Corporate Registry. After successful incorporation, we will hand over the official Certificate of Incorporation and a unique Business Number (BN) from the Canada Revenue Agency (CRA).
Incorporating your business in BC helps you protect your personal assets due to limited liability. You also receive tax benefits, better business credibility, and ease of raising capital.
The exact business incorporation time in BC differs for different companies. With qualified BC incorporation legal advice, reserving a business name generally takes two to five business days. You can submit the final incorporation documents soon after name reservation.
While it is not legally mandatory, it is highly recommended to work with a trusted business incorporation lawyer in BC. These legal professionals know the law and guide you throughout the incorporation process. They ensure that you draft all the necessary documents properly (especially the complex ones like the shareholder agreement). With a lawyer’s help, you can safeguard your company’s interests and prevent major disputes.
No, an incorporated company in BC need not have directors who are BC residents. British Columbia is one of the few provinces to eliminate residency requirements.